Every 8-K that HCI GROUP INC 7% PFD (HCIIP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow HCIIP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HCIIP filings page.
HCI Group, Inc. reported strong results for the three and six months ended June 30, 2026. Second-quarter pre-tax income was $111 million and net income $83 million, up from $94 million and $70 million a year earlier. Net income after noncontrolling interests rose to $74 million, and diluted earnings per share increased to $5.60 from $5.18. Gross premiums earned grew to $321 million with premiums ceded at $102 million, while the gross loss and loss adjustment expense ratio was a low 22.2%. For the first half of 2026, pre-tax income reached $226 million and net income $168 million, with diluted EPS of $11.05.
Total assets were $2.65 billion at June 30, 2026, and total equity was $1.17 billion. Book value per share increased markedly to $86.60 from $58.55 a year earlier. Cash and cash equivalents were $872.3 million, and total investments were $1.27 billion, alongside losses and loss adjustment expenses of $559.0 million and unearned premiums of $659.3 million.
HCI continued returning capital through dividends of $0.40 per share in the quarter and completed a share repurchase program authorized for up to $80 million, ultimately repurchasing 504,330 shares for $80.0 million. Shares outstanding at period end were 12,469,972. Management highlighted record second-quarter financial results and growth in Exzeo’s insurance technology revenues.
HCI Group, Inc. approved a new compensation plan for its non-employee directors on June 11, 2026. Each director will receive an annual cash retainer of $100,000, paid quarterly, plus 750 restricted common shares.
The restricted shares cannot be transferred until May 27, 2027, but directors will receive dividends and retain full ownership rights during this period. The plan standardizes and formalizes board compensation using a mix of cash and equity.
HCI Group, Inc. reported the results of its annual shareholder meeting held on June 10, 2026. Shareholders elected Wayne Burks as a Class B director until the 2028 annual meeting, and Jay Madhu, Peter Politis, and Anthony Saravanos as Class C directors until the 2029 annual meeting. Vote totals for the director elections ranged from 6,034,732 to 9,588,304 shares in favor, with additional withheld votes and broker non-votes recorded for each nominee.
Shareholders also ratified Forvis Mazars, LLP as the company’s independent registered public accounting firm for the year ending December 31, 2026, with 11,092,370 votes for and limited opposition. In addition, shareholders approved, on an advisory basis, the compensation of the company’s named executive officers, with 7,121,861 votes for, 2,664,859 against, 145,221 abstentions, and 1,198,610 broker non-votes.
HCI Group, Inc. outlined a comprehensive catastrophe reinsurance program for the June 1, 2026 to May 31, 2027 treaty year covering its four insurance companies through three fully placed reinsurance towers.
Reinsurance Tower 1, covering Homeowners Choice in central and southern Florida, provides up to $1.06 billion of coverage for a single event and $1.96 billion in total, with a $10.0 million retention per first and second event. Tower 2, covering all TypTap policies and Homeowners Choice policies outside Florida, provides up to $830.3 million for a single Florida event, $605.0 million for a single event outside Florida, and $1.45 billion in total, also with a $10.0 million retention.
Tower 3, covering Tailrow, CORE and northern Florida Homeowners Choice policies, provides up to $431.5 million of coverage for a single event and $649.7 million in total, with a $2.8 million retention. Across the towers, Florida Hurricane Catastrophe Fund coverage is estimated at 45% of specified layers, and private reinsurers plus HCI’s own reinsurers Claddaugh and Fortex Re provide the balance, including full reinstatement premium protection. HCI expects to cede approximately $381.2 million of consolidated reinsurance premiums to third parties (excluding Claddaugh and Fortex Re) over the treaty year, while Claddaugh and Fortex Re have a combined estimated maximum retained loss of $139.8 million for a first event and $52.3 million for a second event.
HCI Group, Inc. reported stronger results for the first quarter of 2026. Pre-tax income rose to $115.4 million from $100.3 million, while net income increased to $85.0 million from $74.2 million. Net income after noncontrolling interests was $73.4 million versus $69.7 million a year earlier.
Diluted earnings per share were $5.45, up from $5.35, as gross premiums earned grew to $326.2 million from $300.4 million. The gross loss and loss adjustment expense ratio stayed low at 20.1%. HCI also continued returning capital, repurchasing 239,435 shares for $37.5 million under an up to $80 million buyback program, while book value per share reached $84.41 at March 31, 2026.
HCI Group, Inc. reported sharply stronger results for the fourth quarter and full year 2025, highlighted by much higher profitability and lower loss ratios. Fourth quarter pre-tax income rose to $144 million and net income to $108 million, with diluted EPS climbing to $7.25 from $0.23 a year earlier. Full year 2025 pre-tax income reached $429 million and net income $320 million, up from $173 million and $128 million in 2024, while diluted EPS increased to $22.72 from $8.89. The gross loss ratio improved to 15.6% in the fourth quarter and 19.6% for 2025, reflecting lower catastrophe losses and favorable prior-year development. Gross premiums earned grew to $1,236 million in 2025 as policy volume increased. Management described 2025 as a record year, noted the successful IPO of technology subsidiary Exzeo, and indicated plans for a forthcoming share buyback program. Book value per share rose to $80.13 with stockholders’ equity of $1,041 million and cash and cash equivalents of $1,210 million as of December 31, 2025.
HCI Group, Inc. reports that its majority-owned subsidiary, Exzeo Group, Inc., has entered into an executive employment agreement with CEO Paresh Patel, effective January 1, 2026. The agreement sets an annual base salary of $950,000, with potential increases determined by Exzeo’s board, and provides severance equal to 12 months of base salary if his employment ends under specified conditions, including certain terminations following a Change of Control. It also contains confidentiality, non-solicitation and a two-year non-compete restriction in the U.S.
Separately, Exzeo awarded Mr. Patel a cash bonus of $3,750,000, payable before December 31, 2025. Mr. Patel has also adopted a Rule 10b5-1 trading plan to acquire up to 100,000 Exzeo shares or $2 million of stock, whichever comes first, through December 18, 2026, with purchases subject to preset maximum price thresholds.
HCI Group, Inc. reported that its compensation committee approved new cash bonuses for key executives for 2025 and set higher base salaries effective January 1, 2026. Chief Executive Officer Paresh Patel will receive a base salary of $950,000 and a cash bonus of $3,200,000. Chief Operating Officer Karin Coleman will receive a base salary of $700,000 and a $250,000 bonus, while Chief Financial Officer James Mark Harmsworth will receive a $625,000 salary and a $250,000 bonus.
General Counsel Andrew L. Graham will have a base salary of $450,000 and a $250,000 bonus, and Anthony Saravanos, President - Real Estate Division, will have a $400,000 salary and a $200,000 bonus. The bonuses will be paid before December 31, 2025, and were based on advancement of strategic initiatives during 2025. In addition, Ms. Coleman, Mr. Harmsworth, and Mr. Graham were each granted 1,251 shares of common stock vesting over three years, and Mr. Saravanos received 621 shares vesting over three years.
HCI Group, Inc. (HCI) announced it released earnings for the three and nine months ended September 30, 2025 and will host a conference call on November 6, 2025 at 4:45 p.m. Eastern time. The CEO, CFO, and COO will discuss the results.
- Listen-only toll-free: (877) 545-0320; International: (973) 528-0002; Entry Code: 310078
- Webcast: Investor Information section at www.hcigroup.com
- Replay after 8:00 p.m. ET: Toll-free (877) 481-4010; International (919) 882-2331; Replay ID: 53155
HCI Group (HCI) furnished an update on preliminary results for its majority-owned subsidiary, Exzeo Group, tied to an amended S-1. Exzeo currently expects unaudited revenue of $53.5 million to $56.8 million for the three months ended September 30, 2025, and $162.0 million to $165.3 million for the nine months ended the same date. Exzeo also expects unaudited net income after tax of $20.1 million to $22.2 million for the quarter and $59.7 million to $61.8 million for the nine-month period.
The figures are preliminary, based on management estimates, and remain subject to completion of financial closing procedures. Exzeo’s independent auditor, Forvis Mazars, LLP, has not audited, reviewed, or performed procedures on these estimates and provides no assurance. The information is being furnished, not filed, under the Exchange Act.